Newly spun-off TKMS reports muted 2026 earnings outlook

Shares surged 3.2 per cent in premarket trading at 07:04 GMT, boosted by better-than-expected adjusted operating profit in 2024/2025, which rose 53 per cent to €131 million, beating the €120 million expected by analysts in a poll.

The profit margin for the year rose to six per cent, also beating the 5.6 per cent analysts expected.

(Reporting by Christoph Steitz and Tom Kaeckenhoff Editing by Sumana Nandy, Ludwig Burger and Bernadette Baum)